An expense by definition is NOT:
A. an amount a business must pay in the future.

B. an outflow of cash.

C. the use of other assets.

D. the incurring of a liability.

Question

An expense by definition is NOT:
A. an amount a business must pay in the future.
	
B. an outflow of cash.
	
C. the use of other assets.
	
D. the incurring of a liability.

tanya123 · Answer

D. the incurring of a liability.

anonymous · Answer

thats wrong. thats what ithought to begin with and the teacher marked it wrong:/

anonymous · Answer

answer is A. An amount a business must pay in the future. For that it's accounts payable.
The other three answer pertains to an expense